Divorcing the Dow – Using Revolutionary Market Indicators

His boss came just this close to physically throwing him out of the ofﬁce. He was a young yet talented analyst, but he was always coming up with crazy ideas that his stressed-out superiors had no time for. Business had been a lot easier a few years earlier when the market was booming. Things were pretty good now, but more confusing. Old business models were being replaced, and new kinds of jobs, products, and services were being created. Companies that had been stable and dependable sources of growth for decades were going bankrupt. This was being attributed variously to mismanagement and a slowing economy. Those that were ﬁrmly rooted in the old investment culture believed, or at least fervently hoped, that the new sorts of businesses that were popping up all over would only be more ﬂashes in the pan. Didn’t the market disasters of ’01 and ’02 prove this? Only fools or speculators would invest in these new corporations. The year before was bad enough, but ’01 and ’02 proved that (1) things were not “different” this time, (2) fundamental principles did not change, and (3) it is best to stick to the basics.

Content :

PART ONE: HOW THE TIMES THAT WERE A-CHANGIN’ . . . FINALLY CHANGED 1 CHAPTER 1 Breaking Up Is Hard to Do 3 CHAPTER 2 The Financial Frontier 27 CHAPTER 3 911 55 PART TWO: HISTORICAL PERSPECTIVE 77 CHAPTER 4 The Necessary Revolution 79 CHAPTER 5 A Parallel Universe 105 PART THREE: RECONSTRUCTION 129 CHAPTER 6 Artiﬁcial Intelligence 131 CHAPTER 7 New Logic 155 CHAPTER 8 We Will Be Able to Say, “We Were There at the Beginning” 199